Income to Unit Holder from Business Trust - Section 56(2)(xii)

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... [ New clause added by Finance Act, 2023 w.e.f. 01st April 2024 ] Where any specified sum received by a unit holder from a business trust during the previous year, with respect to a unit held by him ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....r or during any earlier previous year or years, to such unit holder, who holds such unit on the date of distribution of sum or to any other unit holder who held such unit at any time prior to the date....